Risks to global financial system instability have intensified in recent months, the International Monetary Fund says, and it worries that many banks may not have enough capital to weather the economic downturn.“In spite of extensive policies, the global financial system remains under intense stress,” the IMF notes in the latest edition of its global financial […]
Any delays in fiscal stimulus likely to worsen growth prospects
Bank of Canada remains focused on fighting inflation
Past deficits have led to subsequent inflation
Possibility of deflation is very unlikely in Canada, Carney says
The weak link is Europe; managers are near unanimous in view that Europe will slip into recession
Core CPI is on track to fall further as economic slack builds: report
Advisors bearish on bonds
Economy to contract for three consecutive quarters in 2009
Weaker economy, tighter credit hampering the confidence of businesses in Canada, Bank of Canada says